Ovivo sells UK municipal business to in-house team
6 March 2015, News release from Jacopa
Ovivo Inc. has sold its highly respected UK municipal business for an undisclosed sum to part of the well regarded existing senior management team led by Alex Lloyd, Ovivo's Vice President, UK Municipal and Finance Director, Peter Sargent.
The deal is supported by award winning corporate finance experts Clearwater International and backed by asset based lending specialists Shawbrook Business Credit. The new Company, which will focus on the UK and Ireland wastewater sector, will trade as Jacopa, underlining and consolidating the outstanding reputation and heritage of its leading product range.
The agreement brings some of the UK's best-known wastewater brands - Copa, Jones+Attwood, Aquator, Tomkinson and MBR Technology, including a licence for Brackett Green products under the new Jacopa umbrella.
The Jacopa product portfolio is certainly well matched to the needs of today's municipal water sector. Market leader Copa offers products and technology for the municipal markets, specialising in sedimentation, biological treatment, screening and stormwater management.
Jones+Attwood is another market leading brand, specialising in wastewater treatment plant inlet works products and Brackett Green is a well-known name in screening for municipal water and wastewater treatment.
MBR Technology and Aquator focus on municipal aerobic MBR biological wastewater treatment, and Tomkinson's specialises in clarification, sedimentation and biological wastewater treatment for the municipal market.
The new management team is led by well known and highly respected industry figure Alex Lloyd, previously Vice President, OVIVO UK Municipal, Alex now becomes Managing Director of Jacopa.
A Chartered Chemical Engineer, Alex has outstanding experience in the industrial and municipal sector, having held a variety of key posts. In recent years he has held high profile posts as both Managing Director of Operations for Severn Trent Services and Sales Director for Degremont UK. Previously he held key technical and engineering roles with Nokia and Nalco for water and wastewater treatment in paper mill and oil refinery operations.
Alex says: "Jacopa is an exciting development for the UK municipal wastewater sector and will provide a comprehensive range of market-leading processes and products from a single well respected source, and which have been proven over many years to deliver on exacting customer requirements."
"The Jacopa team are dedicated to the UK and Ireland municipal wastewater market with a clear and uncompromised focus on the sector. AMP 6 is widely acknowledged as a 'challenging AMP', creating an emphasis on cost-effective solutions and flexibility of approach to which Jacopa, with its emphasis on tested products and technologies, upgrades and refurbishments, and also customer focus respectively is uniquely well placed to respond."
"Above all, exceptional customer service is at the heart of our business and we are committed to working in partnership with our customers to solve their problems in a cost-effective and sustainable way. We will actively seek to respond to changing market demands, and will have exciting news about new products in the coming months."
For further information please email Jacopa